Kuala Lampur, June 13 -- One hundred days into the global energy crisis, one truth is now unavoidable: this is no longer a temporary disruption to be waited out. The escalating conflict in West Asia and the effective closure of the Strait of Hormuz have produced what the International Energy Agency calls the largest supply shock in the history of the global oil market. The shock is not passing; it is settling in. Malaysia must therefore make a deliberate shift - from emergency response to long-term resilience.

Malaysia entered this storm from a position of relative strength. Our oil and gas ecosystem, domestic refining capacity, and institutions such as Petronas gave us buffers that many of our Asean neighbours did not have, while proact...